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Showing 1731 - 1740 of 6884 results for "Act2"

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
ASIC has appointed a new chair to replace James Shipton and a deputy chair. Perth-based lawyer Joe Longo has been appointed chair and the ACCC's Sarah Court also joins the regulator as deputy chair. "On behalf of the ASIC Commission and team I'd ...

AMP Capital shutters dud fund, Naeimi departs

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
AMP Capital has shut down the AMP Capital Dynamic Markets Fund, launched by Shane Oliver in 2011, following poor performance. A spokesperson for AMP Capital confirmed to Financial Standard that the fund will be terminated. Dynamic Markets Fund portfolio ...

Equity Trustees wins mandate

KANIKA SOOD  |  TUESDAY, 27 APR 2021
Equity Trustees has been appointed the alternative investment fund manager (AIFM) for a UK-based fund manager. Hamilton Global Opportunities PLC (HGO) will invest in growth-stage companies in technology, fintech and medtech with a focus on Silicon Valley ...

Advisers to go forth with claims handling

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
The Association of Financial Advisers (AFA) has welcomed the government's regulation that will exempt advisers from varying their AFSL to provide claims handling, following a submission outlining issues. The government passed Financial Sector Reform ...

ACSI launches new climate change policy

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
The Australian Council of Superannuation Investors (ACSI) may now recommend super funds vote against companies that fail on climate-related risk. The newly updated policy from ACSI aims to improve how companies approach climate change risk. The policy ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
Financial risks of climate change can interact and compound other institutional risks including credit risk, market risk, and liquidity risk, APRA has emphasised in a new practice guide. APRA has released a draft guide for Prudential Practice Guide ...

ASIC opens breach reporting consultation

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
The corporate regulator is seeking stakeholder feedback on updates to draft guidance on breach reporting reforms that aim to reduce industry misconduct. ASIC's draft guidance is based on reforms made to the breach reporting regime under the F inancial ...

Guardians appoint NZ equities lead

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
The Guardians appointed a lead to oversee the New Zealand equities team and its external fund managers. Joe Halapua has been promoted to the role of manager of NZ equities. He will report to head of direct investment Will Goodwin. The team allocates ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
The federal government will fold the 2022 Life Insurance Framework Review into the Quality of Advice Review, taking over the responsibilities from ASIC. The Quality of Advice Review will consider the LIF Review as part of its wider mandate, Minister ...

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
The federal government has released draft legislation outlining the function of ASIC's Financial Services and Credit Panel as the single disciplinary body for financial advisers. The government is proposing the ASIC FSCP exercise the functions of ...